Gifts that Create Income

There are several ways in which you can make a gift that will ultimately benefit Whitworth while providing you, or those you designate, with an income for life or for a specified term. These include gifts to a charitable remainder unitrust, a charitable remainder annuity trust or a charitable gift annuity. When you establish one of these life-income gifts, you irrevocably transfer money, securities or other assets to The Whitworth Foundation. Each of these gifts provides you with an immediate income-tax deduction based upon the age of the income beneficiary, payment percentage and other factors. You will also benefit from a probable reduction of estate taxes and probate costs. The Whitworth Foundation staff can help you determine which option is best for you. To learn more about the benefits of each life-income gift option, please click on the links below:

• Charitable Remainder Unitrust
• Charitable Remainder Annuity Trust
• Charitable Gift Annuity